Final court forfeiture orders are in place for the automobiles, and the goods are subject to public inspection in Ilorin.
The exercise, conducted by the EFCC (Establishment) Act 2004, Public Procurement Act 2007, and the Proceeds of Crimes (Recovery and Management) Act 2022, is a continuation of the auction intended to take place across the Commission's Commands.
The Lexus IS350 2007 model, Toyota Venza 2010, White Mercedes Benz 2007 model, Gold Porsche 2005 model, Red Toyota Camry 2008 model, Grey Honda Accord 2007 model, and Ash Toyota Camry 2009 model are the things that will be auctioned.
Pictures of the vehicles were prominently exhibited with their assigned lot numbers for public viewing at 11 Catchment Road, next to the Noktel Hotel, GRA, Ilorin, to provide potential bidders with the chance to examine and express interest in any vehicle of their choosing.
The EFCC's Ilorin Zonal Command Commander, ACE II Michael Nzekwe, stated before the inspection that the auction was being held in conjunction with the Bureau of Public Procurement to guarantee compliance with all applicable laws.
According to estimated valuations and an open bidding mechanism, he said the automobiles will be auctioned off on Tuesday (today).
Nzekwe added: “The exercise will run for two days, that is, today and tomorrow.
“We have seven vehicles for auction, as you can see.
“The process is that you inspect the items to make a choice and then come back tomorrow for the bidding.
“The item goes to the highest bidder and the winner must make payment within 48 hours.
“Let me also add that you don’t have to know anybody to participate in the auction.”
Nzekwe appealed to members of the public interested in the auction to listen carefully to the auctioneers and comply with all stipulated guidelines for a seamless auction.
Also speaking, the auctioneer, Jerome Itepu, Executive Director, Trevamtech K & G Limited, assured members of the public that the process would be open and transparent.
Itepu charged the bidders to be disciplined and follow the approved guidelines for a seamless auction.